924 Walnut Street, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 1 bath
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San Gabriel, California 91776
This property presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned above the $904,221 Fair Market Value. While the current valuation reflects a premium, the 7,554 sq ft lot offers significant Development Potential for expansion or ADU construction. With a Condition Rating of 5, the home requires a full renovation to modernize its 1947 footprint. Located in the San Gabriel Unified district near Roosevelt Elementary, this asset is ideal for Value-Add Investors or Contractors seeking to capture long-term equity through strategic structural improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 924 Walnut Street Subject | $1,000,000* List Price | 2 | 1 | 864 | $1,047 | - |
A 519 Pearl Street Sold | $878,000 | 2 | 1 | 672 | $1,307 | 0.2 mi |
B 613 E Wells Street Sold | $890,000 | 2 | 1 | 1,064 | $836 | 0.4 mi |
C 8313 Frandsen Street Sold | $820,000 | 2 | 1 | 875 | $937 | 0.6 mi |
D 1112 Manley Sold | $1,031,000 | 2 | 2 | 1,150 | $897 | 0.4 mi |
E 8240 E Live Oak Street Sold | $760,000 | 1 | 1 | 600 | $1,267 | 0.8 mi |
F 1425 S Del Mar Active | $1,049,888 List Price | 2 | 1 | 1,056 | $994 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 with no significant updates in over 30 years. The kitchen features original-style cabinetry and tile, and the presence of a wall AC unit suggests the lack of a modern HVAC system. The listing description explicitly frames the property as a restoration or renovation project, indicating it needs a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7554, living area = 864.
The oversized 7,554 sq ft lot provides a massive footprint for future expansion, outdoor entertainment spaces, or the addition of an ADU, offering high versatility for the buyer.
Nestled in a quiet, established neighborhood within the San Gabriel Unified school district and walking distance to Roosevelt Elementary, the property holds strong appeal for families.
At only 864 sq ft with a 2-bedroom, 1-bathroom layout, the current living space is quite restrictive and may not meet the needs of modern buyers without immediate expansion.
Built in 1947 and marketed as a renovation project, the home likely requires significant capital expenditure for structural, electrical, or plumbing upgrades to meet current standards.
Charming single-family residence located in a quiet San Gabriel neighborhood near Lincoln School. Built in 1947, this 2-bedroom 1-bath home offers 864 sq ft of living space on a generous 7,554 sq ft lot. This property presents a great opportunity for buyers looking to restore, renovate, or expand in an established residential area. Convenient location close to schools, local amenities, and major transportation routes. Spacious lot provides excellent potential for outdoor living, future additions, or ADU possibilities (buyer to verify). A rare opportunity in a desirable neighborhood with strong upside potential. * Tenants are in process of moving. Interior is nice, just full of boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,824 |
| Lot Size | 7,554 | 7,821 |
| Price | $1.00M | $1.40M |
| Price per sq ft | $1.2K | $779 |
| Built year | 1947 | 1940 |
| HOA | $0 | $0 |
| Days on market | 23 | 45 |
Jun 29, 2026
$1,000,000
Initial Listing